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Birdwatch Note Rating

2024-08-16 01:13:59 UTC - HELPFUL

Rated by Participant: F71C220109D98817FF60AC417D5BA66A6A32F9575F649A57C55D6F931A26D0BF
Participant Details

Original Note:

Price controls, like those in anti-gouging laws, can distort the market. If prices are capped, producers and sellers might find it unprofitable to supply goods, leading to shortages, especially during high demand or limited supply. https://www.hoover.org/research/price-controls-still-bad-idea

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All Information

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